One of the most important tasks for General Motors is now to pay back the government loans it received in both the United States and Canada, while forcing to re-become competitive and refresh the product lineup. GM CEO Ed Whitacre says the US-based manufacturer is still on track to pay the $8 billion loan to the two governments before the June deadline.
"I believe we’re going to beat that date," Whitacre said, according to a Reuters report. "We have restructured and the progres… (read more)